New version of cTrader Web adds Pencil Tool & Line Study extension

Maria Nikolova

cTrader Web 3.4 offers more analytical flexibility thanks to the Pencil Tool and fresh extensions of the Line Study Tools.

Fintech expert Spotware Systems has earlier today unveiled a set of enhancements available in the latest version of cTrader Web.

cTrader Web 3.4 adds Pencil Tool, which allows traders to draw shapes and objects of their choosing on charts in any chart mode by means of a pen cursor. Used to free-form draw on, or annotate a chart, the Pencil Tool is not bound to a specific shape like most other drawing tools, and allows one to make notes directly on the chart when setting up a trade, which proves useful for reviewal purposes.

The platform introduces new Line Study Tools which offer traders extra convenience and a personalized aspect to the toolset. Among the provided options, new additions include: Color Picker with opacity settings and Line Thickness Selector.

New options can be accessed through the Line Study Toolbar or object settings, which are unfolded by means of a left-click on the object in question.

The Active Symbol Panel’s Trading Central window has seen the addition of Trading Central Targets. As of now, one can not only trade directly from the panel, switch intraday and short-term trading modes, open the chart and gain insights by unfolding the “See more”, but also use Targets for decision making.

Additionally, two new hotkeys have been added for further ease of operation:

  • Ctrl + F – to switch between Watchlists and Finder;
  • Ctrl + Drag – to duplicate an object.

There are also cTrader Copy 3.4 updates. These are tailored for intuitive platform operation.

The Details section of Copy Trading Account has been updated to include date and time of copying start. Thanks to this enhancement, users can easily track when performance and management fees will be charged.

Let’s also note that the Add Funds dialog and Remove Funds dialog have been modified to include an Add/Remove All Funds option. This way, all available funds can now be added or removed with a click of a button, instead of manual number insertion, simplifying the procedure and saving user time.

Earlier this month, an updated version of the cTrader mobile app was released. Stop Loss and Take Profit can now be added to positions & orders, and pending orders can be amended by drag & drop directly on the chart. Further, the Trend Line and Ray are improved, with precise moving of the edges. In addition, charts can now be scrolled to the future, for technical analysis purposes.

Read this next

Chainwire

Bybit Web3 Launches Industry’s First Bitcoin Layer 2 Airdrop Campaign, Paving the Way for a New Bitcoin Era

Bybit, one of the world’s top three crypto exchanges by volume, is excited to announce that Bybit Web3 is launching the industry’s first Bitcoin Layer 2 Airdrop campaign through its Airdrop Arcade.

Retail FX

Vantage observes results of US$100,000 donation to UNHCR

Vantage’s US$100,000 donation has helped approximately 788 refugees, internally displaced persons (IDPs), and returnees in 2023 alone.

Executive Moves

Tradition hires Michel Everaert to integrate data science and AI

“I am excited about the potential this offers, and look forward to building relationships and working with teams across the global business.”

Retail FX

IBKR extends US Treasury bond trading to 22 hours per day

US Treasury bonds are highly sought after by investors seeking stability and security in their portfolios as these instruments are often considered one of the safest investment options. 

Market News

Navigating Yen Depreciation and Euro Resilience in Global Markets

Amidst the persistent depreciation of the Japanese yen against the US dollar, pressure mounts on Japanese policymakers to translate their verbal assurances into tangible actions.

Digital Assets

El Salvador refutes rumors of Bitcoin wallet hack

Chivo Wallet, El Salvador’s official cryptocurrency wallet, has dismissed reports of a hack involving its software source code and the data of over 5 million users associated with its KYC (Know Your Customer) procedures.

blockdag

Best Crypto to Buy: BlockDAG Presale Hits $20.1M Following Moon-Shot Keynote Teaser as Dogecoin & Shiba Inu Prices Plummet

This landmark achievement sets it apart in the cryptocurrency landscape, where traditional favorites like Dogecoin and Shiba Inu are witnessing a price decline.

Digital Assets

MetaMask developer sues SEC over regulatory overreach

Ethereum ecosystem developer Consensys Software has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the agency’s regulatory actions concerning Ethereum and its related services.

Institutional FX

Tradeweb pulls in $408.7 million in Q1 revenue amid record trading volumes

Tradeweb Markets Inc. (NASDAQ: TW) has just announced its financial results for the first quarter of 2024, which showed a robust performance for the three months through March.

<